![]() Women leaders are more likely than their senior male counterparts to take public stands on gender and racial equity at work, more likely to mentor and sponsor other women (particularly women of color), and more committed to advocating for employee-friendly policies and programs that can help attract and retain other women over the long haul.Companies with more than 30% female executives tended to outperform companies with 10% to 30% female leaders, and those companies outperformed companies with fewer or no women executives.The article further presented two key learnings that came out of the McKinsey’s Women in the Workplace 2022 report: Retaining female talent must be top of mind in 2023. The increasingly competitive labor market only makes matters worse.Īccording to Forbes, ‘Creating Workplaces That Invite and Retain Women In 2023,’ “From record-high burnout and quit rates, to lingering pay gaps and new data that shows women who ask for raises and bonuses are still getting paid less frequently and generously than their male counterparts, it’s clear that recognition of these issues alone is not enough to generate meaningful change.” Women continue to face innumerable challenges in the wake of the pandemic and the fallout afterward. In order to work toward equal representation, organizations need to prioritize retaining women and their talents. Female leaders offer fresh new perspectives on old issues.Female leaders raise the voice for minorities.Female leaders enhance cross collaboration.Female leaders make the workplace less toxic.Female leaders act as role models to others.Female leaders demonstrate superior leadership qualities.Female leaders bring diversity to the table.Female leaders help reduce the overall gender pay gap.Female leaders challenge the status quo.Here are some reasons why they are integral to the world.” To read the full article click here. ![]() From highlighting the gender-based issues to presenting solutions to solve them, inspirational female business leaders do it all. A focus on gender equity needs to be top of mind in every organization.Īccording to Best Diplomats, ‘How to Become an Inspirational Female Leader in 2023,’ “In a world dominated by male leaders, it is integral that females change the status quo. According to Forbes, ‘Why The World Needs More Women In Leadership,’ “Of all Fortune 500 companies, only 8.8% have women CEOs.” In other words, “about 91% of Fortune 500 CEOs are male.” This statistic highlights that we have a long way to go in terms of making formidable progress. Organizations need to empower rising female leaders and help them step into the spotlight. Now more than ever we need more women in leadership roles.
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